$TREE surged nearly 8% to $0.1107, defying the news of its upcoming TREE/BNB spot pair delisting on December 26.Short-term momentum is strong, with price above key EMAs and a positive MACD crossover supporting the recent rally.
Whale Bearishness: Smart money turned heavily bearish, with whales cutting long positions by 62% and building significant, profitable short positions.
Price Action: TREE shows strong upward momentum, gaining 7.98% to $0.1107. It is testing the upper Bollinger Band resistance at $0.111, with support at $0.105.
Technical Signals: Indicators are bullish, with price above the 7, 25, and 99-day EMAs. The RSI is strong at 63, and the MACD is positive, suggesting continued upward potential.
Capital Flow: A large net inflow of over $560k was recently observed, though the latest hour shows minor profit-taking.
Whales Turn Decidedly Bearish
Bearish Shift: The Long/Short ratio has collapsed, signaling a strong bearish sentiment among smart money traders who have aggressively increased short positions.
Whale Positioning: Short whales are in profit with an average entry price of $0.1285, while long whales are at a significant loss with an average entry of $0.1405. #Tree #BitcoinETFMajorInflows
